Author Archives: Paul Ausick

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Two IPOs Show IPO Market Losing Luster

Of four initial public offerings (IPO) scheduled to begin trading on Wednesday, we have seen two and await the others. Both IPOs now trading priced below their expected range, and ...
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Houston Ship Channel

Sharp Rise in Crude Oil Inventories Unlikely to Lower Gasoline Prices

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 10 million barrels last week, maintaining a total U.S. commercial ...
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3D printing

3D Systems’ Acquisition Spree Plows Ahead

3D printer maker 3D Systems Inc. (NYSE: DDD) announced Wednesday morning that it has entered a definitive agreement to acquire a majority interest in Brazil-based Robtec, the largest service bureau ...
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New Housing Construction Jumps Nearly 3% in March

The U.S. Census Bureau and the Department of Housing and Urban Development reported Wednesday morning that new housing starts in March rose to a seasonally adjusted annual rate of 946,000. ...
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Is Pepsi Looking at a Stake in SodaStream?

Israeli business newspaper Calcalist reported Wednesday morning that SodaStream International Ltd. (NASDAQ: SODA), the Israel-based maker of home soft drink dispensers, is holding talks related to selling a stake of ...
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Bank of America

Bank of America Earnings Hammered by Legal Costs

Bank of America Corp. (NYSE: BAC) reported first-quarter results before markets opened Monday. The most heavily traded of the big bank stocks reported a diluted earnings per share (EPS) loss ...
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House for Sale

Mortgage Rates Down, Applications Up Last Week

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 4.3% in the group's seasonally adjusted composite index. That followed a drop ...
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Yahoo! Posts Modest Profits, Promises More Buybacks

Yahoo! Inc. (NASDAQ: YHOO) reported fiscal first quarter 2014 results after markets closed Tuesday afternoon. The Internet portal company reported quarterly adjusted diluted earnings per share (EPS) of $0.38 on ...
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stock symbol ticker

The 4 Stocks That Pulled the Markets Out of the Doldrums

April 15, 2014: Markets opened slightly higher on Tuesday with shares moving up before bouncing down after headlines related to confrontations in Ukraine. By afternoon markets had recovered somewhat to ...
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WMT strike Black Friday 2012

Workers Say Walmart Chairman Owes $7.8 Billion Tax

A new report from a coalition called Americans for Tax Fairness (ATF) claims that Wal-Mart Stores Inc. (NYSE: WMT), Chairman Rob Walton and the entire Walton family owe the United ...
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J.C. Penney Down 20% in the Past Week

The wariness about the turnaround at J.C. Penney Co. Inc. (NYSE: JCP) bubbled to the surface again in the past week. The wariness appears to have turned to outright fear ...
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80s tv set graphic

Pay TV Shows Troubling Subscriber Trends

The number of subscribers to pay-TV services dropped by about 588,000 in 2013, but that trend is set to reverse itself between 2014 and 2019, growing from about 101 million ...
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City Office, Paycom IPOs Get No Traction

Two initial public offerings delayed from last week priced on Monday and began trading Tuesday morning. Both priced well below their expected ranges, and neither looks to be off to ...
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home building

Home Builder Confidence Downbeat on Tight Credit, Limited Building Lots

The National Association of Home Builders (NAHB)/Wells Fargo housing market index for April rose one point to 47 from a reading of 46 in March. The reading was below a ...
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Netflix logo

Netflix Payoff to Comcast Worked

In late February, Netflix Inc. (NASDAQ: NFLX) reached an agreement with Comcast Corp. (NASDAQ: CMCSA) for direct access to Comcast's network, with the goal of providing better quality video streaming ...
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